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Goldgroup Announces Senior Management Changes

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Goldgroup Announces Senior Management Changes

 

 

Goldgroup Mining’s site visit to the Caballo Blanco-project in the Veracruz State, Mexico.

 

 

 

 

Goldgroup Mining Inc. (TSX: GGA) announce the appointment of Dustin VanDoorselaere as the Company’s Vice President, Operations.  Mr. VanDoorselaere brings 17 years of mining experience with a  diverse background in both open pit and underground operations in a variety of jurisdictions, including Canada, Australia, Ghana and Mexico.  He provides extensive expertise in starting up new mines and streamlining existing operations.

 

 

Mr. VanDoorselaere has been with Goldgroup since May 2011 as Projects Manager, principally working on the design and permitting of the Caballo Blanco project.  Prior to joining Goldroup Mr.VanDoorselaere worked as a Technical Services Manager with AuRico Gold Inc. at both its El Cubo and Ocampo operations in Mexico, as Mining Manager at Red Back Mining Inc.’s Akwaaba Deeps underground mine in Ghana, and has had operations and engineering roles in open pit and underground mines in both Australia and Canada for Norilsk Nickel Mining and Metallurgical Co., Inco Ltd., Placer Dome Canada Ltd., Orica Canada Ltd. and Consbec Inc. Mr. VanDoorselaere holds a Mining Engineering and Biology degree from Laurentian University.

 

 

Goldgroup also announces that Mr. Patrick Glynn has resigned as the Company’s Vice President, Technical and Projects, to pursue other interests. The Company would like to thank Mr. Glynn for his contribution and wishes him well in his future endeavors.

 

 

About Goldgroup
Goldgroup is a well-funded Canadian-based gold production, development, and exploration Company with significant upside in a portfolio of projects in Mexico, including its flagship 100%-owned advanced stage gold development project Caballo Blanco in the state of Veracruz, and a 50% interest in DynaResource de Mexico, S.A. de C.V., which owns 100% of the high-grade gold exploration project, San José de Gracia located in the state of Sinaloa. The Company also operates its 100%-owned Cerro Colorado gold mine in the state of Sonora.

 

 

Goldgroup remains in a flexible financial position with a strong cash balance, no debt and no gold hedging. The Company is led by a team of highly successful and seasoned individuals with extensive expertise in mine development, corporate finance, and exploration in Mexico. Goldgroup’s mission is to increase gold production, mineral resources, profitability and cash flow, building a leading gold producer in Mexico.

Posted November 2, 2012

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